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Old 07-20-2022, 09:11 PM   #1
Biggie Smalls Web Writing
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Tesla SOLD 75% of its BTC

https://www.theguardian.com/technolo...ings-elon-musk

Long term still extremely bullish on crypto, but the next few months are going to be painful.
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Old 07-20-2022, 11:28 PM   #2
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How the heck is it on an uptick? Crypto patterns have been so weird this past year.
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Old 07-21-2022, 09:19 AM   #3
O MARINA
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crazy...
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Old 07-21-2022, 01:15 PM   #4
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Hodl.........
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Old 07-21-2022, 01:34 PM   #5
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Hodl.........
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Old 07-21-2022, 04:09 PM   #6
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This says a lot more about Musk and his enterprises. I'd heard a lot going down with Space X and Hyperloop, but was under the impression Tesla was much better off.
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Old 07-21-2022, 06:30 PM   #7
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They lost big time in their BTC investment
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Old 07-21-2022, 07:54 PM   #8
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Is it to buy Twitter 🙄?
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Old 07-22-2022, 10:29 AM   #9
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Musk: Buy high, sell low.
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Old 07-22-2022, 03:37 PM   #10
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Originally Posted by JayMoyes View Post
This says a lot more about Musk and his enterprises. I'd heard a lot going down with Space X and Hyperloop, but was under the impression Tesla was much better off.
In their shareholder communications, they said they sold to have more cash on hand despite the China shutdown and ramp up expenses for new factories.
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Old 07-23-2022, 12:26 PM   #11
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Must have needed the cash.
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Old 07-23-2022, 12:34 PM   #12
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Musk needed to STFU and finish the "Cyber Truck".
So glad I didn't pre-order that shit!



https://carbuzz.com/news/tesla-will-...k-reservations

.
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Old 07-23-2022, 12:47 PM   #13
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Musk needed to STFU and finish the "Cyber Truck".
So glad I didn't pre-order that shit!



https://carbuzz.com/news/tesla-will-...k-reservations

.
I did and I'm quite annoyed.
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Old 07-23-2022, 12:54 PM   #14
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Musk: Buy high, sell low.
No no, you don't understand.
Musk has to make BTC drop so he can buy it all back on the dip.

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Old 07-23-2022, 02:23 PM   #15
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people got fucked by elon with dogecoin. now getting fucked by btc.

but again in my opinion hodl is the best choice.
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Old 07-31-2022, 06:29 PM   #16
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Musk: Buy high, sell low.
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Old 07-31-2022, 11:50 PM   #17
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people got fucked by elon with dogecoin. now getting fucked by btc.

but again in my opinion hodl is the best choice.
Hodl BTC is best choice for long term.
Short term can be faster gains but they're gambles.

Look how alts come & go, and Bitcoin remains king:

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Old 08-01-2022, 08:38 AM   #18
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Tesla sold 75% of its bitcoins. The sale added $936 million in cash to the balance sheet.

The company listed this amount in the “digital asset sales revenue” section of its second-quarter results released on Wednesday.
Data from the company's report. This does not mean at all that they sold today for $24,000. Do not panic. The data was shown today, but they could sell at any time and much higher. So don't bury everything now.
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Old 08-01-2022, 09:36 AM   #19
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Originally Posted by Kuzmenko Vlad View Post
Tesla sold 75% of its bitcoins. The sale added $936 million in cash to the balance sheet.

The company listed this amount in the “digital asset sales revenue” section of its second-quarter results released on Wednesday.
Data from the company's report. This does not mean at all that they sold today for $24,000. Do not panic. The data was shown today, but they could sell at any time and much higher. So don't bury everything now.
I saw an article that claimed they sold around $29k.
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Old 08-01-2022, 09:29 PM   #20
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Hodl.........
Long azz tyme.
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